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113 Kain St
Ottawa, IL 61350
Jiffy Lube · Retail Property For Sale
Investment Highlights
- Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities
- Jiffy Lube is the National Leader in Quick Lube – A leading provider of oil changes and a subsidiary of Shell Oil Company
- Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule
- Team Car Care – Full-term guaranty from the largest operator in the nation | 550+ units across the country
- Rent Increases – 10% increases every 5 years provide effective hedge against inflation
- Low Rent Compared to Jiffy Lube Average – ±33% below the average means lower operating costs & greater security
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,436 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.39 AC
Zoning
C
Parking
10 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
96’ on Kain St
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 14-35-409002 | Improvements Assessment | $58,674 |
| Land Assessment | $32,960 | Total Assessment | $91,634 |
Property Taxes
Parcel Number
14-35-409002
Land Assessment
$32,960
Improvements Assessment
$58,674
Total Assessment
$91,634
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